Old Orchard Beach, ME Cost Of Living
Cost Of Living In Old Orchard Beach, ME Summary
Cost of living in Old Orchard Beach research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Old Orchard Beach is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Maine, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Old Orchard Beach is 109, with 100 being the average.
The cost of living index in Old Orchard Beach is 1.1x higher than the national average.
Old Orchard Beach ranks as the #18 cheapest in Maine out of 30.
Old Orchard Beach ranks as the #3,556 cheapest out of 6,489 in the US.
The median home value in Old Orchard Beach is $503,792.
The median income in Old Orchard Beach is $65,842.
Table Of Contents
Old Orchard Beach's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Old Orchard Beach, ME?
According to the most recent data on the cost of living, Old Orchard Beach has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Maine, Old Orchard Beach has a cost of living index that's 1.1x higher than Maine's index of 101.
The standard of living in Old Orchard Beach ranks as #18 most affordable out of the 30 places we measured in Maine. By definition, that implies Old Orchard Beach ranks as the #12 most expensive place in the Pine Tree State.
For more reading on life in Old Orchard Beach, check out:
In Maine
In America
Old Orchard Beach Cost Of Living Vs. Maine
Six factors go into calculating the cost of living index in Old Orchard Beach. Here is how it fairs on each of the criteria:
The Services index in Old Orchard Beach is 109.
The Groceries index in Old Orchard Beach is 103.
The Health index in Old Orchard Beach is 103.
The Housing index in Old Orchard Beach is 116.
The Transportation index in Old Orchard Beach is 108.
The Utilities index in Old Orchard Beach is 109.
| Living Expense | Old Orchard Beach | Maine | National Average | |
|---|---|---|---|---|
| Overall | 109 | 101 | 100 | |
| Services | 109 | 110 | 100 | |
| Groceries | 103 | 103 | 100 | |
| Health | 103 | 104 | 100 | |
| Housing | 116 | 90 | 100 | |
| Transportation | 108 | 108 | 100 | |
| Utilities | 109 | 105 | 100 | |
Old Orchard Beach, ME Housing Cost Breakdown
Housing swings affordability the most between places in Maine, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Old Orchard Beach is $503,792.
The Median Rent in Old Orchard Beach is $1,120.
The Median Income in Old Orchard Beach is $65,842.
The Home Value To Income in Old Orchard Beach is 7.7x.
The Rent To Monthly Income in Old Orchard Beach is 0.2x.
| Statistic | Old Orchard Beach | Maine | United States |
|---|---|---|---|
| Median Home Value | $503,792 | $410,916 | $303,400 |
| Median Rent | $1,120 | $1,084 | $1,348 |
| Median Income | $65,842 | $71,773 | $78,538 |
| Home Value To Income | 7.7x | 5.7x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Old Orchard Beach, ME Costs By Category
Detailed Old Orchard Beach Services Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| Shampoo | $1.17 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $17.76 | $18 |
| Haircut | $28.67 | $24.26 |
| Beauty Salon | $53.03 | $45.56 |
Detailed Old Orchard Beach Groceries Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| Ground Beef | $5.41 | $5.84 |
| Fried Chicken | $1.43 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.0 | $4.93 |
| Pizza | $11.93 | $12.09 |
| Beer | $10.22 | $10.41 |
| Toothpaste | $3.69 | $3.7 |
Detailed Old Orchard Beach Health Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| Optometrist | $170.67 | $125.68 |
| Doctor | $146.5 | $135.78 |
| Dentist | $119.58 | $113.29 |
Detailed Old Orchard Beach Transportation Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| Gasoline | $3.52 | $3.46 |
| Tire Balancing | $76.01 | $59.92 |
Detailed Old Orchard Beach Utilities Costs Vs. Maine
| Item | Old Orchard Beach | Maine |
|---|---|---|
| All Electricity | $218.65 | $193.99 |
| Phone | $185.73 | $192.25 |
Old Orchard Beach SnackAbility
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Cost Of Living In Cities Around Old Orchard Beach
The cost of living varies in the cities and towns around Old Orchard Beach. Here's a quick look at the cost of living in the most populous nearby places:
Portland, ME has a cost of living index of 122, 1.1x Old Orchard Beach.
South Portland, ME has a cost of living index of 120, 1.1x Old Orchard Beach.
Biddeford, ME has a cost of living index of 115, 1.1x Old Orchard Beach.
| City | Population | Cost Of Living | Vs. Old Orchard Beach |
|---|---|---|---|
| Portland, ME | 68,505 | 122 | 1.1x |
| South Portland, ME | 26,780 | 120 | 1.1x |
| Biddeford, ME | 22,463 | 115 | 1.1x |
| Saco, ME | 20,636 | 117 | 1.1x |
| Westbrook, ME | 20,484 | 112 | 1.0x |
| Gorham, ME | 7,365 | 121 | 1.1x |
| Kennebunk, ME | 6,008 | 122 | 1.1x |
